I. survey
(i)Geographic Location
Hubei Province, E for short, is located in
central China. Situated to the north of Dongting Lake in the middle reaches of
Yangtze River, the Province is named Hubei, which means the north of the lake
in Chinese. Lying between 29°02’-33°16’north latitude and 108°21’-116°08’east longitude, Hubei covers 740
km from the east to the west, 470 km from the north to the south, and an area of 185,900 square km.
The Province has, within its territory,
1,193 rivers, with a total length of 35, 000 km, of which the Yangtze River covers 1, 061 km within
the Province. Numerous lakes of different sizes dot the plain of the Yangtze River and Hanjiang
River, giving the Province the
name,“Province of Lakes”. It is one of the fresh water lake intensive areas in China.
Hubei Province has within its territory15 large
and medium scale cities, includingWuhan, Huangshi, Ezhou, Xianning,Yichang and
Xiangfan, etc, 1 autonomous prefecture,1 forest zone under the province.The
capital is Wuhan.
(ii)Climate
With subtropical monsoon humid climate, Hubei Province enjoys
abundant sunlight, rich resources of heat, long frost-free period,
and abundant precipitation. The temperature averages between 15 ℃and 17 ℃with the highest average
temperature in the hottest month (July) reaching 27-29 ℃. The annual duration of sunshine averages
1,150-2,245 hours. There are 230-300 frost-free days in a year. The annual average rainfall ranges
between 800 to 1,600 mm.
(iii)Population and Nationalities
The total population of the Province is
60,161,000, with the urban population being 26, 278,000, and rural population being 33, 883, 000. It has 50 nationalities
including Han, Tujia, and Miao etc. The population of minority nationalities is 2,579,700, accounting for 4.34% of the total population
of the Province. The minority nationalities with relatively larger population include Tujia,
Miao, Hui and Dong, etc.
(iv)
Infrastructure
and Transportation
Airports
and ports
There are 7 airports in Hubei
Province.Wuhan Tianhe Airport, the largest airport in Central China, has now
opened international airlines to Japan and Korea, etc. The airports in Yichang, Xiangfan, Enshi and
Jingzhou have now also opened airlines to many cities in China.There are 163 inland river
ports in the Province, among which 2 are ports with capacity of 5
million-10million tons. The Wuhan Port Passenger Terminal is the largest inland
river passenger station in China. The ports in Wuhan, Huangshi, Shashi and Lyichang
have been opened to the outside world successively, the seagoing vessels of
which can directly reach the rivers and seas in Hong Kong, Japan, Thailand and Malaysia, etc. The
ports can be open to navigation to 130 countries through transfer shipping lines.
Highways
The highways under use totals
89, 673 km, of which the express way is 1, 353 km. Jing-Zhu, Hu - Rong , Yi - Huang, Huang-Huang,
and Wu-Shi Express way are arranged in a crisscross pattern linking largeand medium-scale cities
like Wuhan, Huangshi, Ezhou, Jingzhou, Yichang, Xiangfan and Shiyan , and making the Jianghan Plain,
East Hubei, Southeast Hubei and Northeast Hubei an integrate whole. The road
network, the hub of transportation in central China, with Wuhan as the center
reaches 8 provinces, 195 cities and towns.
Railways
Jing-Jiu,
Jing-Guang, Jiao-Zhi and Zhi-Liu Railways run from the north to the south of
the province; Wu-Da, Han-Dan and Xiang-Yu railways run from the east to the
west.
Telecommunication and the Internet
Wuhan is the confluence of Beijing-Guangzhou
coaxial cable and Nanjing-Chongqing optical cable, and boasts the modern
communication network radiating to all corners of China. The total length of
long-distance optical fable is 19, 847 km; the number of ?xed telephone subscribers reaches 12.36
million, and that of mobile phone subscribers 14.01 million.
The coverage rate of telephone is 43.9 sets per 100 people. The number of
Internet users is 3, 928, 000.
Finance
and Insurance
By the end of 2005, there are 39
financial institutions of various kinds in Hubei Province, with 7,951 business
of?ces, and 105, 000 employees. At the end of 2005, the deposit balance of all
the ?nancial institutions in Hubei Province is RMB 818,496,000,000 Yuan.
By the end of 2005, there are 2,156 business offices
for insurance. There are 95 professional agencies, and 3,504 part-time agencies
for insurance. The number of employees for insurance is 82,000. The total
assets of the insurance industry is RMB 29.06 billion.
By 2005, Hubei Province had established 51 pairs of
friendship states (cities) with 23 countries such as the United States of
America, France, etc., which have effectirely promoted the openning course in
Hubei Province.
Provinces,
States and Cities of Sister Relationship with Hubei
International
Exposition and Conferences
China International Machinery and
Electronic Products Exposition (CWME for short)
CWME is a state-level, international and professional
exposition, co-sponsored by the Ministry of Commerce of the People’s Republic
of China, China Council for the Promotion of International Trade, Shanxi
Provincial People’s Government, Hunan Provincial People’s Government, Hubei
Provincial People’s Government, undertaken by Wuhan Municipal People’s
Government, and cosupported by China Machinery Industry Union, China Chamber of
Commerce for Import and Export of Machinery and Electronic Products and the
Export-import Bank of China. Since 2000 CWME has been crowned with success for
the past six sessions. CWME has attracted about one thousand manufacturers from
50 more countries and regions, and 2,000 more machinery and electronic
enterprises in China and 200 more thousand professionals in Wuhan for
negotiation and sharing of opportunities and achievement in trade and
investment in the past six years.
Conference on Overseas Chinese Pioneering &
Developing in China
Conference on Overseas Chinese Pioneering &
Developing in China (COCPDC for short) is co-sponsored by Overseas Chinese
Affairs Of?ce of the State Council of the People’s Republic of China, Hubei Provincial People’s
Government and Wuhan Municipal People’s Government. With exchange, cooperation,
business developing and development as the objects, the Conference aims at
promoting the combination of technology and capital of overseas Chinese and
mainland Chinese, helping the overseas Chinese to start their business,
facilitating the exchange and cooperation of the foreign countries with Hubei Province, and
realizing mutual development on the basis of reciprocity. The 5th
Conference on Overseas Chinese Pioneering & Developing in China and the 3rd Hubeinees Fellowship
were held in August 2005 in Wuhan. More than 500 overseas Chinese, overseas Chinese businessmen and
persons in charge
of Hubeinees Fellowship attended the conference. 121 contracts were signed with
the total investment of more than RMB 3 billion, the contracted capital being
RMB 840 million, and there were 49 projects for introducing talents and
technologies.
(vi)Higher Education and Scientific
Research
There are 85 institutions of higher learning in Hubei Province. In 2005,
there were 1,086,000 undergraduate students in Hubei Province.
In Hubei Province, there are more than 1,300
institutions of various kinds for research and development, 1 state lab, 14
state key labs, 15 state engineering (technology) research centers, 14 state
enterprise technology centers, 11 state high-technology innovation centers,
1,130,000 professional technicians, 52 academicians of Chinese Academy of Sciences
and Chinese Academy of Engineering.
In 2005, 717 scientific achievements of or
above provincial level were obtained. 11, 131 technology contracts were signed,
with the actual contracting sum of RMB 5,018 million. It presided over 54
scienti?c and technological projects and 42 projects of“863”Program, as well as 22 State High-technology Development projects,
with the total investment on the projects of RMB 1,130 million.
(vii)
Tourism
Places
of interest
With beautiful scenery and many
historical sites, Hubei Province is rich in tourism resources. The famous Three
Gorges
is the first in the list of top 10 famous places
of interest. The East Lake, Wudang Mountain, Dahong Mountain, Longzhong
and Jiugong Mountain are key places of interest
of the state. Shennongjia, Wudang Mountain and Mausoleum of Ming Emperor are
listed in“Man and Nature Protection Zone
Program”and“World Cultural Heritage”by UNESCO. 80 chapters of the 120 chapters of the
masterpiece“Three
Kingdoms”involve Hubei Province.
In 2005, the Province welcomed 77,125,700 tourists,
with the revenue from tourism totaling RMB 47,315 million Yuan as the best in
history.
Specialties
in Hubei
Hubei Province is abundant in
specialties, among which are Wuchang Fish, Jingshan Guobao Qiao Rice, Zigui
Navel Oranges, Luotian Chestnuts, Honghu Lotus Root, Xianning Sweet Osmanthus,
and Xiaogan Matang of unique flavor.
II
. Economy
2000-2005 GDP of Hubei Province and the Growth
Rate
(ii) Data of Natural Resources, Industry and
Agriculture
Natural Resources
All kinds of natural resources abound in
Hubei province, with all its beautiful scenery and mountainous geographical
conditions. 138 types of minerals have been found in Hubei, taking up 81% of
all discovered minerals nationwide. Among the 138 types of minerals, the
reserves of 89 types have been ascertained, for instance, the reserves of five
mineral resources including peridotite for fertilizer, iodine, garnet,
rectorite clay and diabase for construction use rank top nationwide; the reserves
of 17 mineral resources such as marlite, phosphorus etc. are No.2 or 3 all
around China; also the reserves of 35 resources such as iron, copper, gypsum,
gold, mercury and manganese rank 4th-10th nationwide.
There are various kinds of animals and plants in this
province, with a number of world-rare species and species only can be found in Hubei. The province
is also a key base of traditional Chinese medicine, thus called the “China’s herb warehouse”. It boasts
abundant water resources which is capable of generating 31.334 million KW of
electricity. The installed capability developed or under development is 27.268
million KW, ranking top nationwide. The Three Gorges Project, presently the
largest water-control project in the world, is located in Hubei province, with
total installed capability of 18.2 million KW.
Industry
Hubei has a firm foundation and comprehensive
supporting strength for such industries as auto manufacturing, metallurgy,
machinery, electric power, chemical industry, electric information,
textile and building materials. It is one of China’s three iron & steel bases, with
the largest manufacturing capability for medium, thick and thin plates as well
as special steel. It is the second largest auto manufacturing base and the largest
manufacturing base for medium lorry, heavy-duty machine tools and packing
machinery, also for such chemical products as hydroelectricity, alkali,
pesticide, phosphorus, salt & chemical and ?ber paste. Also Hubei is one of China’s photoelectron information industrial bases, modernized
manufacturing base for traditional Chinese medicine
and a key textile base.
Yields of
Major Industrial Products in 2005
Fix Assets Investment
In 2005, RMB 283.475 billion Yuan has
been invested in ?x assets in the whole province, among which investment in
real estate development is RMB 47.795 billion Yuan. If classified based on
economic types, state-owned investment is RMB
109.571
billion Yuan; collective investment is RMB 7.947 billion Yuan; urban and rural
individual investments total RMB 55.427 billion Yuan; other economic investment
is RMB 110.53 billion Yuan. According to industry types, the three types of
industries have invested respectively RMB 9.288 billion Yuan, RMB 108.805
billion Yuan and RMB 165.382 billion Yuan.
RMB 49.5 billion Yuan has been invested
in the 64 key construction projects. Newly added production capabilities
include: hot-rolled steel of 500 thousand tons per year, raw coal exploitation
of 1.1978 million tons per year, electric-power capacity of 2.76 million KW,
steel-making of 3.36 million tons per year, and also newly built highway of
296.14 kilometers, program-controlled exchange of 34.3 thousand per year.
Agriculture
Known as the“land of fish and rice”, Hubei is one of the key production
bases for commodity grain, cotton and oil and the
largest production base for fresh water products. The outputs of rapeseed and
freshwater fish rank No.1 nationwide, cotton and rice also on the top level,
and there is great potential for the production and processing of agricultural
and sideline products.
In 2005, grain-planting area was 3.9268 million
hectares; cotton planting area 390.3 thousand hectares,; and oil plants area
1.4506 million hectares. Total grain output was 21.7738 million tons; total
cotton output 375.0 thousand tons; and oil plant output 2.9390 million tons
(see the following table for outputs of major agricultural products).
Total forestation area was 186.4 thousand hectares in
Hubei. Timbers harevested was 1.36 million cubic metres.
Stock raising and fishery have kept growing steadily,
with total meat output of 3.4263 million tons and water products of
3.182 million
tons, a record-breaking output.
Power consumption in the countryside was 6.845 billion
kwh. And fertilizer consumption was 2.8363 million tons.
Outputs of
Major Agricultural Products in 2005
Advantageous
Industries
As one of the cradles of China’s modern industry, Hubei is
also one of the key industrial bases in China. It has built a characteristic
industrial system with its advantages in resources all through the years,
featuring electronic information, auto manufacturing, iron & steel, and
textile manufacturing.
“China Optical Valley, Wuhan”has been
rapidly developed into China’s largest photoelectron information center through
development of photoelectron information technologies and optimization of
industries, talents and resources. In the past 10 years, the “China Optical
Valley”has been growing steadly, which has attracted concern of people.
The gross output of machinery and auto industries of
Hubei province has reached RMB 140.7 billion in 2005, with added value of RMB
40 billion, sales income of RMB 145 billion, gross profit and tax turnover RMB
12.6 billion. The total pro?ts reach RMB 5.66 billion and the export value is
RMB 2.69 billion.
By the end of 2005, the manufacturing
capability of complete cars reach 800 thousand, with the characteristics of
“car, heavy,
medium, light and special vehicles”developing simultaneously, with a complete
set of“high, medium and low level”vehicles. Stimulated by the rapid development
of complete cars, the parts and components section has expanded gradually, with
over 700 such enterprises (among which 310 are large and medium-sized),
providing a supporting capability for 600 thousand vehicles. Hubei province has
a nnmber of large-scale enterprises of auto omponents and parts, which grasp 58
kinds of volnme production of 60 key components and parts maily supported by
the state. These enterprises are famous and play an important role in China.
For example, CAAS that is established on the basis of Henglong Jingzhou and
three other enterprises through reversed takeover and become the first Chinese enterprise
to be listed on NASDAQ in the United States, the listing of Dongfeng auto
shares in China’s mainland, as well as the listing of Dongfeng Group in Hong
Kong.
In 2005, there are 433 large and medium-sized auto
enterprises in Hubei province, including 9 for complete vehicles, 63 for
vehicles refitting (3 of which also possess complete vehicles), and 361 for
auto components and parts. The total assets are RMB 134.5 billion, with gross
industrial output of RMB 79.92 billion, sales income of RMB 95.05 billion, and
pro?ts payment and tax turnover RMB 8.825 billion, and profits of RMB
3.548billion. 389.4 thousand automobiles are manufactured, among which there
are 141.7 thousand cars. By the end of 2005, there are 193 joint ventures in
the auto industry in Hubei, with total investment of US$ 6,365.7732 million and
contracted foreign investment of 1,722.215 million US$.
By the end of 2005, the textile industry of Hubei
province has a capacity of 7 million ingots and 70 thousand looms. Large and
medium-sized enterprises have the manufacturing capacity of 880 thousand tons
of yarn, 2.1 billion meters of cloth and 200 million pieces of garments, with
total industrial value of RMB 44 billion, sales income RMB 40 billion and
profit payment and tax turnover RMB 1.9 billion. There are 73 state-owned and
state-holding textile enterprises; large and medium-sized private enterprises
take up 90%, while state-owned and state-holding enterprises take up 37.8% of
total assets, Drivate economy plays a“leading role”in Hubei textile industry.
Ever since the reform and opening up, the service
industry of Hubei has entered into a period of all-around, rapid and
sustainable development. The workforce of the primary industry and the
secondary industry is basically steady. More than 3 million people enter into
the service industry for the ?rst time, 300 thousand per year. The service
industry become a majoy channel of employment.
Business
Volumes with Major Importing and Exporting Countries
Pattern of Opening up. In 2005, there are 108
development zones, 3 of which are state-level, and other 105 are provincial
level. 3 cities are opened up to the outside, together with one international
airport, 15 bonded warehouses Station. There are 13 ports opening up to the
outside world, which includes Wuhan Port, Huangshi Port, Yichang Port, Shashi
Port, Ezhou Port, etc. Wuhan Customs House is administrative authority
supervising import & export in Hubei province, with 7 affiliated customs
agencies. Hubei Import & Export Commodity Inspection Bureau, with 8 branch offices, is responsible for the
inspection of imported and exported commodities as well as plants and animals.
Internatioral Trade. The import &
export value of the year 2005 was 9.092 billion dollars, in which export value
amourts to 4.45 billion dollars. The growth rate of import & export and
growth rate of export are ranked 4th and 9th in the whole country and first and
second in Central China. The exports of iron & steel, ship building, auto
and components, electronics, chemical engineering and other advantageous
industries are growing powerfully.
Import
& Export of Hubei Porvince from 1990 to 2005(10 thousand dollars)
Major
Sources of Foreign Investment by the end of 2005
Utilization of Foreign
Investment. The actually used foreign investment in 2005 is 2.65 billion
dollars. There are 520 projects with foreign direct investment, totaling
contracted capital of 2.11 billion dollars, and actually used foreign investment
of 2.185 billion dollars. Total taxation by foreign invested enterprises
reaches RMB7.67 billion. There are 314 thousand employees in foreign invested
enterprises.
Geographic
Distribution of Foreign Contracted Project Turnover
Of
Hubei Province in 2005
Gross Retail
Volume and Growth Rate of Social Consumer Goods of Hubei Province from 2000 to
2005
Expansion of Foreign Economic Cooperation Scale. Total
turnover of foreign economic cooperation in 2005 has reached 318 million
dollars; overseas labors reach 5,658 including 1,994 mariners. At the end of
the year 2005, 7,599 labors stayed abroad. There are 19 newly sanctioned
overseas economic support projects. 10 overseas investment enterprises are
newly authorized, with contract investment of 5.37 million dollars, in which
Chinese investment is 5.21 million dollars, involving resource development,
exploration and design, as well as manufacturing and processing, playing a
proactive role in Hubei’s
overseas economic development.
Geographic
Distribution of Value of Newly Signed Foreign Contracted Project of
Hubei Province in 2005
Domestic Trade Keeps Growing. Retailing of social
consumer goods in 2005 reaches RMB 296.458 billion, total turnover of wholesale
and retail trades reaches RMB 240.235 billion, and the catering industry has
total turnover of RMB 38.665 billion.
III
. Investment
(i)Policy
and Administrative Rules
Catalogue
of Related Laws
Foreign
Trade Law of the People’s Republic
of China
Customs
Law of the People’s Republic of China
Law of the People’s Republic of China on Import and Export
Commodity Inspection
Law
of the People’s Republic of China on
Chinese-Foreign Equity Joint Ventures
Law
of the People’s Republic of China on
Chinese-Foreign Contractual Joint Ventures
Law
of the People’s Republic of China on
Foreign-Capital Enterprises
Company
Law of the People’s Republic of China
Law of the People’s Republic of China on the Entry and Exit
Animal and Plant Quarantine
Law of the People’s Republic of China on Control of the
Entry and Exit of Aliens
Law of the People’s Republic of China on the Control of the
Exit and Entry of Citizens
Securities Law of the People’s Republic of China
Income Tax Law of the People’s Republic of China for Enterprises with
Foreign Investment and Foreign Enterprises
Individual Income Tax Law of
the People’s Republic of China
Law of the People’s Republic of China on the Administration
of Tax Collection
Environmental
Protection Law of the People’s
Republic of China
Law
of the People’s Republic of China on
Evaluation of Environmental Effects
Law
of the People’s Republic of China on
Promotion of Cleaner Production
Law
of the People’s Republic of China on
Prevention and Control of Desertifi cation
Marine
Environment Protection Law of the People’s Republic of China
Law
of the People’s Republic of China on the
Prevention and Control of Atmospheric Pollution
Law
of the People’s Republic of China on
Prevention and Control of Environmental Pollution by Solid Waste
Law
of the People’s Republic of China on
Prevention and Control of Water Pollution
Law
of the People’s Republic of China on
Prevention and Control of Environmental Noise Pollution
Law
of the People’s Republic of China on
Prevention and Control of Radioactive Pollution
Frontier
Health and Quarantine Law of the People’s Republic of China
Labour
Law of the People’s Republic of China
Trade Union Law of the People’s Republic of China
Searching
Website for the Related Laws
1 .
Searching System of Law sand Regulations of China (website of National People’s Congress of China)
http://law.npc.gov.cn:87/home/begin1.cbs
2. China
Legislative Information Network System
http://www.chinalaw.gov.cn/jsp/jalor/index.jsp
3.
Ministry of Commerce
http://www.mofcom.gov.cn
the
above-mentioned websites are for reference only.
(ii)List of Predominant Industries for Foreign
Investment in Hubei
1. Storage, fresh-keeping and
processing of grains, vegetables, products of poultry & livestock and
aquatic products
2.
Forestation and import of forest of fi ne variety
3.
Comprehensive utilization of bamboos
4.Rational exploitation,
utilization and protection projects of water resources
5.
Aquiculture and deep-processing of aquatic products
6. Technical innovation for
cotton textile and Dyeing & Printing
7.
Processing of cloth and top grade clothing
8. Construction and management
of highway, independent bridges and tunnels
9.Construction
and management of wind power station
10. Exploitation of phosphate
ore, production of high-analysis phosphate and chemical product of phosphate
& salt
11.
Manufacture of auto parts
12. Manufacture of large
environmental protection equipment
13. Development and manufacture
of new electronic components
14.
Exploitation and deep-processing of graphite
(iii)Procedures
for Enterprise Establishment
(iv)Living
Environment
Living environment in Hubei is
good. By the end of 2005, the urbanization rate in Hubei reaches 33%, and the
forest coverage rate reaches 45.97%. The waste disposal capacity increases to
14,700 tons per day. from 13,500 tons per day in 2003, which reaches the
standard of no harm or almost no harm. The concentrated disposal rate for household
waste reaches 61%. There are now 32 household sewage disposal sites, with the
disposal capacity at 2,074,500 tons per
day. In 2005, the air quality is improved. Among the 17 key cities of the
province, the up-tostandard rate of air quality is 65%, increased by 18%
compared with the previous year.
Medical & Sanitation. There
are 566 hospitals, and 95,186 berths in the province. There are complete
systems of public health such as the disease control center. The study on
cardiovascular, otolaryngology, and oral cavity is on top.
(v)Reference Prices of Basic Elements
Price of Water,
Electricity, and Land in Hubei Province in 2005
Summary of Hubei
Labor Force Salary in 2005
IV
. Development Zones
(i)National-level
and Provincial-level Development Zones
(ii)Relevant Institutions
Appendix
Well-knownHotelsandRestaurants
Emergency Telephone Number
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